Florida H1545 amends homestead tax exemption laws, clarifying assessment dates and penalties for improper exemptions.

Florida H1545 amends the homestead tax exemption laws by specifying that homestead property must be assessed at just value as of January 1, 1994, or the year it receives the exemption. It also revises the interest rate and penalty for property owners who unlawfully received a homestead exemption. The bill allows counties to waive the annual application requirement for homestead exemptions, except for those under section 196.1995. It mandates that property appraisers record a tax lien notice against any property owned by a person who improperly received the exemption.

Florida H1545 amends homestead tax exemption laws, clarifying assessment dates and penalties for improper exemptions.

Florida H1545 amends the homestead tax exemption laws by specifying that homestead property must be assessed at just value as of January 1, 1994, or the year it receives the exemption. It also revises the interest rate and penalty for property owners who unlawfully received a homestead exemption. The bill allows counties to waive the annual application requirement for homestead exemptions, except for those under section 196.1995. It mandates that property appraisers record a tax lien notice against any property owned by a person who improperly received the exemption.